Samantha Hurst

Overfunding: Finnish Clean Energy Company Wello Surpasses €1 Million Funding Target on Invesdor

Wello, a Finnish clean energy company that provides a wave energy based solution called the Wello Penguin, has successfully secured its minimum €1 million funding target on equity crowdfunding platform Invesdor thanks to more than 275 investors. As previously reported, Wello, which was founded by Heikki Paakkinen, stated it… Read More

UK Insurtech Anorak Raises £4 million In Seed Funding From AXA’s Incubator Kamet Ventures

Anorak Technologies, a London-based insurtech startup, has successfully secured £4 million in seed funding from incubator, Kamet. Founded in 2015, the company claims it is building the world’s smartest independent insurance advisor with a mission to put customers back in control of their insurance needs. While sharing… Read More

Propy Partners With South Burlington Officials to Utilize Blockchain Technology to Record Real Estate Conveyance Documents

California blockchain startup Propy announced on Monday it has launched a pilot project in collaboration with South Burlington, Vermont city officials to utilize blockchain technology to record real estate conveyance documents. While sharing details about the partnership, Natalia Karayaneva, CEO of Propy, said: “The Propy… Read More

GiveGab Announces Acquisition of Kimbia

GiveGab, a fundraising and supporter engagement platform designed exclusively for nonprofits, announced last week it has completed the acquisition of substantially all assets of Kimbia, an online fundraising, crowdfunding, and event platform provider for nonprofits, higher education, and community foundations. While sharing details about the acquisition, GiveGab’s… Read More

Coffee Brand Lattesso Teams Up With qiibee to Add Blockchain & Cryptocurrency to Customer Loyalty Program

Blockchain-based loyalty ecosystem, qiibee announced on Monday it has formed a partnership with beverage brand Lattesso to help transform its customer loyalty program. According to qiibee, Lattesso will use blockchain technology and cryptocurrencies to power its loyalty program throughout Switzerland, Germany, Austria, the Benelux, and Russia…. Read More

InvestHK Reveals Details About UK Fintech Awards 2018

Invest Hong Kong (InvestHK) announced on Monday details of its UK Fintech Awards 2018, which is organized in conjunction with the UK’s Department for International Trade. According to InvestHK, the Awards are open for submissions from January 22nd (today) and will close on February 23rd…. Read More

Fintech Incubator & Accelerator F10 Names Switzerland Banking Group Raiffeisen The Program’s Latest Corporate Member

Switzerland-based incubator and accelerator F10 announced on Monday that co-operative bank Raiffeisen was the newest corporate partner to join its ranks. According to the program, Raiffeisen is Switzerland’s third-largest co-operative bank after UBS and Credit Suisse and it serves 3.7 million customers through its 930 locations… Read More

California Insurtech Hippo Secures $25 Million Through Series B Financing Round Led By Comcast Ventures & Fifth Wall

Hippo, the California-based insurtech company that is transforming home insurance for savvy homeowners, announced on Monday it secured $25 million in Series B funding round, which was led by Comcast Ventures and Fifth Wall. The investment comes less than two weeks after Hippo announced it formed a strategic partnership with… Read More

Emma Banking App Announces Monzo Integration

Just days after receiving its Financial Conduct Authority (FCA) approval, Emma Technologies announced it has integrated with challenger bank Monzo. Emma is currently building the banking app for millennials (iOS and Android), which is described as a mobile-only solution that helps consumers avoid overdrafts, find and… Read More

Update: Oval Money Set to Close Crowdcube Early After Quickly Securing 500,000 Funding Target

Just after its Crowdcube round successfully secured its initial 500,000 in less than a week, crowd invest marketplace Oval Money announced it will close the equity crowdfunding campaign sooner than originally planned. The company revealed in its latest update: “Thank you everyone who has sustained… Read More

Wells Fargo Teams Up With Fitbit to Launch Payment System “Fitbit Pay” to the Bank’s Customers

Wells Fargo & Company (NYSE: WFC) recently announced it is partnering with Fitbit (NYSE: FIT) to launch Fitbit Pay for its customers. According to the banking giant, the new payment system will give customers the ability to conveniently and securely make purchases at merchants whose payment terminals are set… Read More

Update: UK Beverage Company Berrywhite Extends Latest Crowdcube Round

UK-based natural fruit beverage brand Berrywhite has officially extended its latest equity crowdfunding campaign on Crowdcube. The company launched the funding round last month and sought to raise £150,000. As previously reported, Berrywhite launched its first funding round in 2014, seeking 300,000 but only secured £291,380. The… Read More

Boston Fintech Flywire Acquires Healthcare Financial Service Firm OnPlan

Flywire, a Boston-based provider of global payment and receivables solutions for education, healthcare, and business, announced on Thursday it has acquired healthcare financial service firm and the parent company of OnPlanU and OnPlan Health, OnPlan Holdings LLC. Flywire will now offer an end-to-end solution with capabilities including invoicing, secure payment… Read More

Monzo Announces Plans to Close Prepaid Card Program in April 2018

On Thursday, UK challenger bank Monzo announced plans to get close its Monzo Prepaid Card Program. This news comes just after the fintech company announced its 2018 plans. Monzo stated its aim is to shut down the prepare Mastercard program in early April so that… Read More

Texas Insurtech InsuredMine Launches New Consumer Insurance Management App

InsuredMine, a Texas-based insurtech startup that focused on providing consumer-focused tools for insurance management, announced on Thursday the launch of its new insurance management app for both iOS and Android users. Founded in 2017, InsuredMine describes itself as a cloud-based insurance dashboard that stores all… Read More

Mark Cuban Announces Dallas Mavericks to Accept Bitcoin During the 2018-2019 NBA Season

Earlier this week, multi-billionaire, television personality, and owner of the Dallas Mavericks, Mark Cuban, announced that the NBA team would be accepting Bitcoin as a method of payment during the 2018-2019 basketball season. Cuban revealed the exciting news when he was asked by Mavericks fans… Read More

Broken Lizard Releases Trailer for Indiegogo-Funded “Super Troopers 2” (Video)

Just a few months before the highly anticipated premiere of Indiegogo-funded Super Troopers 2, the film’s production company Broken Lizard released the comedy’s official trailer. As previously reported,  Broken Lizard sought to raise $2 million for the sequel of the 2001 cult classic Super Troopers and raised more than $4.6… Read More

MoveSole Signs Distribution Deal For Northern & Central Europe As Invesdor Campaign Secures 50% of Funding Target

MoveSole Ltd, a Finnish company developing smart insoles for healthcare professionals, announced this week it has signed a distribution deal for northern and central Europe with Mobility Research Denmark. The company’s product, MoveSole Smart Insoles, notably helps healthcare professionals by measuring the effectiveness of offloading at the clinics… Read More

Crowdcube Shares: Our 2017 In Numbers (Infographic)

Following its recent reflection of 2017, equity crowdfunding platform Crowdcube released an infographic that revealed details about its record-breaking year, which included its strongest quarter to date. As previously reported, Crowdcube stated it saw its most successful year ever in 2017, which included an “unprecedented” demand from… Read More

LendInvest Update: Named Exclusive Lender on First Phase of 5,750 New Home Projects Located in Kent

Online lending platform LendInvest announced on Friday it has been named exclusive lender of a long-term development scheme that aims to build up to 5,750 new homes outside Dover in Kent. According to the online lender, the borrower, Halsbury Homes, currently owns a site in Whitfield, four… Read More